Bank CDs and Investments

One of the newer investment strategies is to bundle equities, bonds, commodities, and global currencies into three to six year notes with no access to your investment until the note is retired. The upside is that regardless of a down market, the worst one can do is to recover their initial principal. The downside is that in an up market you cannot transfer your money into a more liquid asset. Banks bundle these notes and sell them to customers to increase their own liquidity for short-term currency investments and to reduce debt.